We should never encourage anyone to invest or tell anyone to invest in Bitcoin. Because Bitcoin is a very volatile market, anything can happen at any time. Suppose you have advised your friend to invest in Bitcoin and your friend has invested in Bitcoin after listening to you, but after a few days, if there is a decline in the market and your friend loses some money and if he gets scared and sells all his holdings. Then your friend will put the entire blame on you and blame you. So it is never right to force anyone to invest or encourage anyone to invest.
But yes, if a person is willing to invest in Bitcoin and if he comes to you to know something related to Bitcoin and investment information or to get advice. Then you can give him basic knowledge about Bitcoin, tell him about the volatility of Bitcoin and introduce some things to it, which will be good for him. You can tell him all the things like which method would be better to invest in. Then if he likes it, he can invest. But it is never right to force or encourage anyone to invest.
I used to think it is wrong to tell someone about bitcoin because of the volatile nature of bitcoin, but after i told my senior brother about bitcoin and the immunity he would get from Bitcoin, he was so interested to know more about bitcoin. A few months ago, he started his bitcoin investment with DCA strategy. I am happy someone knows about Bitcoin through me, and the person happens to be my brother. There's no wrong to tell someone about Bitcoin because Bitcoin serves as a medium of exchange, and the person can use it to send money seamlessly to his relatives anywhere in the world. It is only when your force someone to invest in Bitcoin you should be worried because you will be responsible if anything happen to the Bitcon investment.
One of the ways people get to know about bitcoin is through others so @Gost you can’t say it’s not good to tell someone about bitcoin or encourage them to invest. You only need to tell people about the benefits of investing in bitcoin and they choose for themselves if, when and how they invest no need forcing them.
Another thing about telling people about bitcoin and convincing them is if they see that you’re doing well financially, they’ll be easily convinced by the physical evidence more than any story or knowledge you share.
@Gost ms, If you tell someone to invest and the person eventually invest and price dumps the person isn’t at a loss, it’s just momentarily he’s only at a loss if he sells. If the newbie gets scared, you just have to encourage and teach him about the price movement of bitcoin and how bitcoin has performed in history, you just have to be a guide until the person is knowledgeable enough in bitcoin.